Novak Imports reported net income of NT$123,680, declared dividends on ordinary shares of NT$54.000, and had an ending balance in retained earnings of NT$360,000. Ordinary shareholders' equity was NT$724,000 at the beginning of the year and NT$822,000 at the end of the year. Compute the return on ordinary shareholders' equity. (Round answer to decimal place, eg. 52.) Return on ordinary shareholders' equity is %. Attempts: 0 of 3 used Submit Answer Save for Later Using multiple attempts will impact your score. 15% score reduction after attempt 2